Lyor Cohen to reportedly open his own firm

Lyor Cohen to reportedly open his own firm

by / Comments Off on Lyor Cohen to reportedly open his own firm / 2 View / September 28, 2012

Departing WMG CEO and Chairman Lyor Cohen reportedly is planning to launch a talent management firm. According to reports, Cohen secretly developed the firm over the past two years while at WMG and now has “decided the time is right to move forward.”

An unnamed source told the New York Daily News that the firm’s goal is to “bridge the gap between label and management.”

“As WMG enters its next chapter, I’m ready to begin mine, Cohen said in an internal memo to the staff. I can’t yet announce what I’ll be doing next; I can only say that it will be something where I can work my entrepreneurial muscles and partner with artists.”